outfodamilli

ETH in clear Wycoffian Accumulation phase

Long
BITFINEX:ETHBTC   Ethereum / Bitcoin
8
Expecting it to jump the creek to confirm breakout to distribution. Expecting it to respect the 61.8 fib as support to coming mark up. Watch for low volume sell offs as mark up occurs. Break of 78 fib support to the downside invalidates and confirms bearish continuation. My follow up posts to update this analysis will include fundamental cause and effect to the mark up

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